Mintos, a multi-asset investment platform headquartered in Latvia, has joined forces with Upvest, the European provider of investment infrastructure, to enhance its ETF portfolio offering across Europe.
The partnership with Upvest will strengthen Mintos’ mission to solidify their position as a solution for “long-term” investing for retail investors across Europe.
Mintos’ ETF offering enables their end users to build a diversified portfolio with minimal effort, leveraging the integrated Upvest Investment API “as the technological backbone.”
With Upvest, Mintos can effectively scale its product offering and iteratively introduce a broader range of ETF (exchange traded funds) portfolios that cater to different “risk appetites and investment goals.”
Upvest is on a mission to make investing as easy as “spending money.”
The company empowers businesses to offer a range of investment products and the “best” experience in the field of capital market investment and retirement planning.
Upvest’s Investment API can integrate so that fintechs and enterprises alike can save resources and “fully focus on their core business.”
As noted in the update, Upvest is one of the fintechs in Europe that can provide its B2B clients with the range of investment opportunities in the areas of “principal broking business, proprietary trading, and safe custody business for traditional securities as well as crypto assets.”
Founded in 2017 by Martin Kassing, the firm is currently employing over 150 people at its main hub in Berlin.
Its €30m fundraising round reportedly included participation from the following: BlackRock, alongside its previous investors Bessemer Venture Partners, HV Capital, Earlybird, Notion Capital, ABN Amro Ventures, and 10x Capital.
As covered, Mintos is a multi-asset platform offering a mix of alternative and traditional assets, headquartered in Riga, Latvia.
Established in 2015, Mintos manages €600M in assets under administration and serves a community of 500,000+ registered users across the fast-evolving European markets.
Designed for investors seeking simplicity, Mintos offers a platform, enabling users to grow their wealth “starting with as little as €50.”
Mintos is an authorised investment firm under MiFID, adhering to “investor protection requirements.”